Government rejects calls to make fast fashion retailers pay for textile clean up

MPs accuse government of being ‘out of step’ with the public after Whitehall rejects pleas for fashion industry crackdown The government has been accused of being “out of step” with the public mood today, after it refused to accept MPs’ recommendations to require fashion retailers to better address environmental and social challenges across their operations. […]

“Poseidon Principles”: Banks pledge to align shipping portfolios with climate goals

Eleven banks with a combined shipping finance portfolio of $100bn have pledged to disclose how successfully the assets are aligned with the IMO’s emissions reduction strategy Eleven major banks with significant holdings in the global shipping industry have today signed up to an extensive set of guidelines designed to accelerate decarbonisation efforts across the industry. […]

Oil prices fall 1% as economic worries outweigh tanker tensions

NEW YORK (Reuters) – Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand. FILE PHOTO: An oil rig is seen in the waters on the southern coast of Pengerang, Malaysia February 26, 2019. Picture taken February 26, 2019. REUTERS/Edgar Su/File Photo Brent crude […]

Nicholas Sparks Apologizes for Anti-Gay Comments in 2013 Emails

The writer Nicholas Sparks, whose string of best-selling novels-turned-films includes “The Notebook,” apologized Monday for comments he made in 2013 that appeared to express hostility toward homosexuality and to oppose the creation of a club for gay students at a prep school he founded in North Carolina. The comments were in emails published last week […]

Bah humbug! Trump's plan for more China tariffs to hit festive shoppers

WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because that will include tech products, game consoles, toys, cribs, ornaments and Santa hats. FILE PHOTO: Shoppers ride escalators at the Beverly Center mall in Los […]

6 Signs You've Identified A Game-Changing Business Idea

Coming up with a good business idea is one thing, but acting on it is something else entirely. Fachy Marín on Unsplash Have you ever seen a pitch for a product on a show like Shark Tank and thought to yourself, “I had that idea years ago,” only to be left wondering why you didn’t take it […]

U.S. firms say China tariffs will raise costs, see few sourcing alternatives

WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics and other consumer goods as the Trump administration prepares new tariffs on remaining U.S.-China trade. FILE PHOTO: A “Made in USA” label is pictured on the back […]

American in talks for up to 50 Airbus A321XLR jets: sources

PARIS (Reuters) – American Airlines Group Inc is edging toward a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft, including some converted from existing orders of other models, people familiar with the matter said. Airbus and American Airlines declined comment. The people said the order, if confirmed, could be […]

Boeing says has no plans to change name of 737 MAX

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo PARIS (Reuters) – Boeing Co said on Monday it had no plans to change the name of the 737 MAX after news reports that it would be […]

Funding Options in the UK for Startups

Photo by Suzy Hazelwood from Pexels It can be tough when you want to get started in business but don’t have the money to invest in it. Most small and medium-sized companies deal with this, no matter what the field is. But don’t despair. There are many funding options in the UK that go beyond the traditional bank […]

Comedian Wins $4.1 Million in Lawsuit Against The Daily Stormer

The comedian and writer Dean Obeidallah has been awarded $4.1 million in a lawsuit he filed against The Daily Stormer, a neo-Nazi website that published a false article about him in 2017. A federal judge ruled last week that Andrew Anglin, the website’s publisher, and his company “acted with actual malice when they published false […]

The U.S. Has Its Eye on Big Tech. Will Criminal Inquiries Result?

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ With the federal government ramping up scrutiny of the power, influence and market dominance of the world’s largest technology companies, one interesting question will be whether any of the inquiries develops into a criminal investigation. […]

5 Essential Factors for Starting a Jewelry Business

Photo by Elina Sazonova from Pexels If you’re looking to start a jewelry business, there are a lot of factors to consider, especially if you plan on opening a physical store. Here, we look at five essential factors to consider when starting a jewelry business. RELATED ARTICLE: HOW TO PREPARE TO RUN YOUR OWN BUSINESS WHILE STILL IN […]

Wall St. holds on to gains; Fed policy meeting eyed

(Reuters) – Wall Street’s main indexes rose on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., […]

Global stocks, yields steady with Fed, central bank meetings on tap

NEW YORK (Reuters) – A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and elsewhere. Traders work on the floor at the New York […]

Oil prices slip as economic worries outweigh tanker tensions

NEW YORK (Reuters) – Oil prices edged lower on Monday after more poor Chinese economic figures fanned fears of slowed worldwide oil demand. FILE PHOTO: An oil rig is seen in the waters on the southern coast of Pengerang, Malaysia February 26, 2019. Picture taken February 26, 2019. REUTERS/Edgar Su/File Photo The oil market received […]

New Boeing jet blow at Paris as Airbus long-range A321 takes off

PARIS, France (Reuters) – Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker’s engine supplier revealed a delay affecting its all-new 777X jet, while Airbus targeted the middle of the market with a rival plane. FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in […]

Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale

LONDON — The auction house Sotheby’s will be bought by the telecommunications entrepreneur Patrick Drahi in a deal worth $3.7 billion, the company said on Monday. The acquisition of Sotheby’s by BidFair USA, which is owned by Mr. Drahi, returns the only publicly traded major auction house to private ownership after 31 years on the […]

Billionaire Patrick Drahi snaps up Sotheby's in $3.7 billion deal

PARIS/BOSTON (Reuters) – Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy Sotheby’s in a deal worth $3.7 billion, marking the storied art auction house’s return to private ownership after 31 years. The acquisition will allow avid art collector Drahi to join rival French billionaire Francois Pinault at the […]

U.S. chipmakers quietly lobby to ease Huawei ban

SAN FRANCISCO/WASHINGTON (Reuters) – Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said. FILE PHOTO: A Huawei company logo is seen at a shopping mall […]

The Boutique Fitness Boom

A visit to an upscale suburban mall or a city shopping district used to be marked by stops at Gap, Sharper Image and Barnes & Noble, ending in a pile of shopping bags. Now it’s about taking a $36 Pilates class, maybe followed by a $36 indoor cycling session if you’re really committed, then hitting […]

Fashion house Chanel parades its independence as profits rise

PARIS (Reuters) – Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, on Monday reaffirmed commitment to its independence after reporting higher annual sales and profits. FILE PHOTO: A model presents a creation during the Cruise 2020 collection show for French fashion house Chanel at the Grand Palais in Paris, France, […]

The Trade War is Taking Money From Your Wallet, and Returning Some, Too

Since the start of the Trump administration’s trade war last year, economists and executives have repeatedly warned that consumers will ultimately end up footing the bill for tariffs through higher prices. That’s true. It just might not feel like it. A recent economic study estimated that the 10 percent tariffs imposed last year on $200 […]

In Its Post-Lagerfeld Era, Chanel Is Still Earning Profits

LONDON — In the past several months, Chanel has lost its longtime creative director with the death of Karl Lagerfeld, and has been the subject of continuing takeover speculation involving industry rivals like LVMH Moët Hennessy Louis Vuitton. But the storied fashion house, owned by the secretive billionaire brothers Alain and Gerard Wertheimer, reported rising […]

KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC

WASHINGTON (Reuters) – KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm’s previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday. FILE PHOTO: A KPMG logo is seen on their downtown office […]

China Backs Hong Kong’s Leader Despite Huge Protests

HONG KONG — The Chinese government on Monday voiced strong support for Hong Kong’s embattled chief executive, Carrie Lam, a day after yet another vast street protest against her government rattled the leadership in Beijing and the local political establishment. The Foreign Ministry issued a forceful endorsement of Mrs. Lam on Monday. Beijing’s representatives in […]

The True Price of the Thing You’re Buying May Not Be Printed on It

What if the price of everything we bought included all of the things each item makes us feel? Just imagine: You walk into a grocery store, reach for your favorite pint of ice cream and all of a sudden, the price tag doesn’t just say $6.95. It includes non-monetary costs like “buyer’s remorse,” “explanation to […]

The Baltimore Symphony, Seeking Cuts, Locks Out Its Musicians

The cash-strapped Baltimore Symphony Orchestra locked out its musicians on Monday, as it sought to pressure the players into agreeing to a new contract with fewer paid weeks of work. “Due to the Baltimore Symphony’s urgent need to address longstanding financial issues and change its business model, the B.S.O. has made this extremely difficult decision,” […]

Virtual Brand Promoters Are So Lifelike, You Just Might Believe What You See

The kiss between Bella Hadid and Miquela Sousa, part of a Calvin Klein commercial last month, struck many viewers as unrealistic, even offensive. Ms. Hadid, a supermodel, identifies as heterosexual, and the ad sparked complaints that Calvin Klein was deceiving customers with a sham lesbian encounter. The fashion company apologized for “queerbaiting” after the 30-second […]

‘The Hunger Games’ Prequel Is in the Works

Four years ago, the author Suzanne Collins wrote an emotional letter to mark the conclusion of her blockbuster “Hunger Games” trilogy. “Having spent the last decade in Panem, it’s time to move on to other lands,” she wrote of leaving behind her fictional world, as the final film was released. But now, Collins has decided […]

California Tests a Digital ‘Fire Alarm’ for Mental Distress

Last winter, several dozen people who were struggling with suicidal urges and bouts of intense emotion opened their lives to a company called Mindstrong, in what has become a closely watched experiment in Silicon Valley. Mindstrong, a venture co-founded by a former director of the National Institute of Mental Health, promised something that no drug […]

Is Success Purely Financial?

More often than not, we tend to define success using purely financial or monetary terms. For a lot of us, this definition of success is seen from an early age: those kids with the most money can buy the most sweets, for example, and so we tend to associate them with success. As we grow […]

Differentiating with Algorithms: A Case Study

Share to facebook Share to twitter Share to linkedin Jedi Car of the Future Jim Sinur One can’t go anywhere today without hearing about AI, but I would say that half of it is around projecting how AI will be affecting our future and the other half is about data focused approaches. While there is […]

Elizabeth Warren: Here's My Plan To Cancel Student Loan Debt

Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) Photo credit: ASSOCIATED PRESS Elizabeth Warren wants to cancel your student loan debt and now she has a legislative proposal. Here’s what you need to know. Proposal: Cancel Student Loan Debt  U.S. Senator Warren (D-MA), a 2020 presidential candidate, and U.S. Representative James E. Clyburn (D-SC), the […]

Advice From A CEO On Beginning Your Career After Graduation

graduates on a hill Baim Hanif via Unsplash We’re at the tail end of graduation season, and tens of thousands of young people across the country are settling into post-college life, waking up early and commuting to their first jobs as graduates. Your first job can be an emotional experience. On the one hand, there’s […]

ENGIE acquires ChargePoint Services in bid to speed up EV ambitions

ENGIE buys up ChargePoint Services to expand its UK EV charging business | Credit: ENGIE French utility snaps up charge point provider for undisclosed sum as it beefs up plans to become a ‘leader in green mobility’ French utility ENGIE has today announced its acquisition of UK electric vehicle (EV) charging firm ChargePoint Services for […]

Sadiq Khan: London needs an 'electric revolution'

Rapid charging hubs to enable business fleets to go electric are part of the Mayor’s new EV infrastructure strategy | Credit: Engie As energy giants rush to invest in charging networks, London Mayor sets out plan for flagship charging hubs across the capital as part of EV Infrastructure Delivery Plan “We must make sure all […]

10 Ways To Stay Sane Whilst Running A Business

Entrepreneurs and business owners have some of the hardest jobs out there. Running a company, growing a team, managing processes and predicting the future whilst keeping quality high is a juggling act that only the best can do effectively. However, get it right and you’re winning! No matter what the world is throwing at you, […]

What are your challenges? Add your voice here

What are the challenges in your rural place or small town? We’d like to know! Photo by Becky McCray. Every small town has its own set of assets, issues and opportunities, but many of us share common challenges. We created the Survey of Rural Challenges so you could share your own view of rural, and […]

Target sets sights on new renewable energy goal

US retail giant commits to sourcing all its electricity from renewable sources by 2030 The march towards a low-carbon economy took another step forward last week, as one of America’s largest retailers pledged to switch to 100 per cent to renewable power. Retail giant Target publicly committed to sourcing all its electricity from renewable sources by […]

Nice gas, Gromit: Wensleydale by-product to generate green energy

Agreement between the Wensleydale Creamery and Iona Capital will see whey permeate converted into 10,000MWh of green energy A by-product from the manufacture of wensleydale cheese will be turned into 10,000 MWh of green energy, thanks to a deal announced last week between the Wensleydale Creamery in the Yorkshire Dales and sustainable fund manager Iona Capital. The […]

Cheapest Summer Travel: 24 Best Places To Go Now

Ashley Renne, an expert in sustainable travel, is pictured in Porto, Portugal, one of the best (and cheapest!) places to travel this summer. Photo courtesy of Ashley Renne Summer travel season is here, which usually means big crowds, inflated prices and higher airfares. The good news is that in 2019, gas prices are on the decline. But that only […]

Reports: EU edges towards net zero goal, as Germany drops opposition

European Council meeting expected to set out timetable for adopting sweeping new net zero strategy for the world’s largest trading bloc The European Union could adopt a world-leading net zero target for mid-century early next year after Germany signalled it would back ambitious new decarbonisation plans for the bloc. News agency EURACTIV reported late last […]

10 LinkedIn Background Photo Ideas To Make Your Profile Stand Out

Browsing photos Brooke Cagle Having a solid LinkedIn profile is one way to increase your visibility and open up more professional opportunities for yourself. People often invest most their efforts into capturing their career accomplishments in the “Experience” section. Unfortunately, the profile picture and background header photo are often an afterthought. However, not carefully considering the […]

Fed likely to resist pressure to cut U.S. rates this week

SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Federal Reserve, facing fresh demands by President Donald Trump to cut interest rates, is expected to leave borrowing costs unchanged at a policy meeting this week but possibly lay the groundwork for a rate cut later this year. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, […]